As of May 01, 2026, the average annual salary for Component Engineer in Minneapolis, MN is $73,091, equivalent to $35 per hour, $1,406 weekly, or $6,091 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Component Engineer in cities like San Jose, Santa Clara, and San Francisco.

Annually Salaries for Component Engineer in Minneapolis, MN vary widely, spanning from $64,412 to $80,000. Most professionals fall between the 25th percentile ($68,548) and 75th percentile ($76,708), while top earners (90th percentile) make $80,000 per year. This $8,160 pay gap underscores opportunities for salary growth through certifications, specialized skills like Project Management or Digital Media, or targeting high-paying regions like District of Columbia or California.

Location and experience significantly influence earnings. For example, Minneapolis Component Engineer often earn 2.1% higher than national averages. However, Minneapolis currently ranks 221 statewide for Component Engineer job salary. Professionals are advised to focus on high-growth sectors like to offset market challenges.

Based on HR-reported data: a national average with a geographic differential
Component Engineer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Component Engineer Salary $64,412 Minneapolis, MN May 01, 2026
25th Percentile Component Engineer Salary $68,548 Minneapolis, MN May 01, 2026
50th Percentile Component Engineer Salary $73,091 Minneapolis, MN May 01, 2026
75th Percentile Component Engineer Salary $76,708 Minneapolis, MN May 01, 2026
90th Percentile Component Engineer Salary $80,000 Minneapolis, MN May 01, 2026
25% $68,548 10% $64,412 90% $80,000 75% $76,708 $73,091 50%(Median) Didn’t find job title? Click
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Component Engineer

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Job Openings for Component Engineer in Minneapolis, MN

Career Path for this job

  1. This Job:

    Component Engineer

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Digital Producer II

    2 - 4 years experience
    Bachelor's Degree

Understand the total compensation opportunity for a Component Engineer, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
68548
76708
73091

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
68413
82142
74362
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Component Engineer in Minneapolis, MN. The base salary for Component Engineer ranges from $68,548 to $76,708 with the average base salary of $73,091. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $68,413 to $82,142 with the average total cash compensation of $74,362.

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68548
76708

 

About Minneapolis, Minnesota    Minneapolis (/ˌmɪniˈæpəlɪs/ (listen)) is the county seat of Hennepin County and the larger of the Twin Cities, the 16th-largest metropolitan area in t....More

Minneapolis, Minnesota  area prices were up 1.4% from a year ago

Component Engineer Salary in popular cities: Saint PaulRochesterDuluth

Skills associated with Component Engineer: Design, Procurement

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